Real Estate

pandemic and housing

Five Years Later: How Pandemic Trends Are Still Affecting Canada’s Housing Market

It might feel just like yesterday that we were lining up to buy toilet paper, banging pots and pans to support our healthcare workers, and spending our waking hours desperately trying to track down a reliable supply of N-95 masks. But it’s actually been half a decade since the COVID-19 pandemic first reared its ugly head. Along with pretty much every other aspect of our daily lives, COVID-19 had a...

home prices chart

Canadian Home Sales Slump Pauses in April as National Average Price

Canada’s home sales slump paused in April, according to the latest data from the Canadian Real Estate Association (CREA). Before we take a deeper look into why, here’s an overview of the latest Canadian housing market data: National home sales were essentially unchanged (-0.1%) in April compared to March and actual (not seasonally adjusted) monthly sales came in 9.8% below April 2024. The...

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